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South Sudan finance minister said to have stolen at least $15 million

South Sudan’s newly-appointed finance minister Dier Tong Ngor is allegedly involved in a money laundering scheme and is accused of stealing at least $15 million in public funds, a reliable source told Sudans Post in a statement on Wednesday.

by Sudans Post
September 22, 2022

Dier Tong Ngor, governor of the Bank of South Sudan speaks to reporters in Juba on Tuesday, August 3, 2021. [Photo by Awan Achiek/Sudans Post]
Dier Tong Ngor, governor of the Bank of South Sudan speaks to reporters in Juba on Tuesday, August 3, 2021. [Photo by Awan Achiek/Sudans Post]
JUBA – South Sudan’s newly-appointed finance minister Dier Tong Ngor is allegedly involved in a money laundering scheme and is accused of stealing at least $15 million in public funds, a reliable source told Sudans Post in a statement on Wednesday.

The source claimed that Mr. Dier remitted $15 million into his bank account just two months after his appointment.

“The heads of security institutions stormed the ministry of finance to investigate the minister about the alleged scandal of $15 million United States Dollars remitted to National Bank of the Republic of Uganda,” the source said.

He said the minister is under investigation for illegally hiding the money stolen from the national treasury in his bank accounts in the National Bank of the Republic of Uganda.

“Dier Tong Ngor is the first sitting Minister of Finance to be charged with open corruption and the financial scandal a few days later of his appointment.”

He said the deliberate scam and fraud he called a “total disgrace to the entire nation.”

“Dier Tong Ngor is accused of graft in connection with financial scandals or embezzlement confirmed in capital Kampala. The transfer of $ 15 million and embezzling $ 20 million others caught in his private account in Juba.”

While Sudans Post cannot verify the claims, the source from the Blue House confirmed to our source that Finance Minister Tong was arrested on Tuesday on charges of fraud and corruption.

He disclosed that an investigation Committee including the National Security Service Economic division, MI, and CID Departments has been formed to probe the minister on the allegation.

“This kind of national robbery, crime, and irresponsibility enslave us with unnecessary debt and pathetic economic problems for many years now since the crisis erupted in 2013/2016 respectively.”

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Comments 3

  1. Dr. Jacob K. Lupai says:
    3 years ago

    Is it something new that public funds have been stolen? The state of development compared to revenue from petroleum is an indication that public money has always been stolen. This is corroborated in reports about corruption in the country.

    Reply
  2. Frazer Kamayangi says:
    3 years ago

    It is just 2 months 15 m was gone!!!! How bout if you reach 1 year billion we will expect?? South Sudan biggest corruption in the world!!!

    Reply
  3. Ohitai says:
    3 years ago

    In view, the Minister is not cooperate with internal Bereu security agent. this not the first time money looted from national bank.

    Reply

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Sudans Post is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Sudan, South Sudan and East Africa, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the two countries and the region.

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